Every time we take up something new, we have doubts. And this is normal! Doubts are the result of estimating yourself, of searching personal features that are needed for this new activity. At the beginning of the journey a trader cannot avoid being unconfident of his/ her abilities, knowledge and skills. This is exactly what… Read more

Forex is measured through charts. It is a virtual representation that reflects the price movement of a quotation within a specific time. There are 2 coordinates that makes up a chart – Price and Time. The price is shown on the vertical Y- axis while the time is shown in the horizontal X- axis. The… Read more

In the Tokugawa era, a man named Munehisa Homma, a rice merchant from Sakata, was said to had first incited the idea of Japanese Candlestick which is now used for futures market analysis. It was then used to predict the price of rice in the Ojima Rice market in Osaka. Later on a man named… Read more

In Bill Williams’s book, New Trading Dimension: How to Profit from Chaos in Stocks, Bonds, and Commodities, the Alligator was first mentioned. It is a type of strategy based on smoothed moving averages (SMMA) that assist in determining the presence or absence of the trend and as well as its direction. The Alligator is composed… Read more

Money supply is basically the total amount of currency circulating in an economy at a specific time. It involves issued paper money, coins, and other liquid instruments such as funds on checking and savings accounts in the bank. The value of Money supply is an important macroeconomic indicator because it may impact the economy through… Read more